A few weeks ago, I wrote about the potential changes to federal retirement benefits that are included in proposed legislation that is moving through Congress. The key word is “proposed” because since ...
The Federal Employees Retirement System (FERS) provides retirement and disability benefits to eligible workers. If you become disabled, you may be eligible to receive FERS disability retirement ...
Three elements make up FERS. Everyone employed from January 1, 1984, will be under the system. Those who recently transferred or rehired in the system are exceptions. No matter the case, the lack of ...
FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is age ...
There used to be a time in the federal government when employees were covered under the Civil Service Retirement System. Show up to work for several decades and be rewarded with a pension of up to 80% ...
The 'One Big Beautiful Bill' introduced by President Donald J. Trump has stirred significant concern among federal employees. This legislation, known as H.R. 1, proposes the elimination of the FERS ...
The organization notes that many federal employees often have questions about their retirement. However, they don’t know what steps to take to answer them. They are hesitant to pursue help because of ...